If you’ve been watching the Prairie Village market closely, you’ve probably noticed something that is a bit harder to quantify at first glance. The move-up market, particularly between $600,000 and $1,000,000, feels tight. Not new, not surprising, but more noticeable right now. The data supports that feeling. Over the past four to five years, the median closed price in Prairie Village has climbed from roughly $400,000 in 2022 to about $519,000 today. That is steady, healthy growth. At the same time, the median price of active listings has moved much more aggressively, now sitting well above $900,000 and even reaching $1.25 million in March. That spread between where homes are selling and where many homes are listed highlights a real pressure point in the market.
Read more: Johnson County Post